Based on stability in dividend policy, this paper studies on the quantity and form of dividend.
本文从股利政策稳定性的角度出发,对我国上市公司股利支付数量和支付形式进行研究。
Maybe Merton Miller is right — these things are "neutral mutations" and changes in dividend policy are meaningless.
也许莫顿·米勒是对的,这些都是“中性突变”,变更股利政策是无意义的。
Recent research indicates that there exist severe abnormal behaviours in dividend policy of listed companies, which is especially prominent in cash dividend distribution.
最新的研究成果表明,我国上市公司股利分配存在严重的不规范,特别在现金股利分派上显得尤为突出。
Maybe Merton Miller is right-- these things are "neutral mutations" and changes in dividend policy are meaningless.
也许莫顿·米勒是对的,这些都是"中性突变",变更股利政策是无意义的
There is now no preference--well it could be-- there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.
这就没有偏好差别了,税法中仍有很多复杂条款,但基本说来,是否推行股利政策与此无关
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